MLS® C8079783

Industrial for Sale — Chilliwack, BC

$499,900

45881 ROWAT AVENUE, Chilliwack Proper South, Chilliwack, BC V2P1J2

84
Walk Score
44
Transit
75
Bike
Walk Score® by Redfin
For Sale
1,006 square feet
Floor area
0.11 acres
Lot size
9999
Year built
84
Walk Score
44
Transit
75
Bike
Walk Score® by Redfin

Property details

Structured details

Lot dimensions
0.11

Listing Information

MLS®
C8079783
Listed
June 22, 2026
Time on market
84 days
Data last synced
September 14, 2026
Source
CREA DDF®

Description

RARE M1 ZONED INVESTMENT OPPORTUNITY! Situated in the heart of town, this 3-bedroom, 1-bath home offers immediate rental potential and outstanding future upside. Set on a 4,822 sq.ft. lot with valuable rear lane access, this property is ideally positioned for investors, developers, and business owners seeking scarce M1 (Light Industrial) zoning. The existing 1,000 sq.ft. home provides holding income while future plans take shape. This property must be sold together with neighbouring property at 45871 Rowat Avenue, creating a combined land assembly of approximately 9,041 sq.ft. Rarely do opportunities arise to secure two adjoining M1-zoned parcels in such a strategic location. Buy, hold, lease, develop, or build. * PREC - Personal Real Estate Corporation (id:63159)

Financing calculator

Estimate your monthly payment on the $499,900 asking price.

Financing details
Monthly debt service
$4,852
Cash required at close
$124,980
DSCR
Cash-on-cash return (yr 1)

Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.

Location

Local market size (Chilliwack)

Population
93,203(+11.2% since 2016)
Population density
356.6/km²
Median household income
$85,000

Source: Statistics Canada, 2021 Census of Population.

Education

Bachelor's degree or higher
15.5%
Postsecondary below bachelor's
31.9%
High school diploma
36.2%
No certificate/diploma
16.4%

Population aged 15 and over.

Commute

Car, truck or van
91.3%
Public transit
1.6%
Walked
4.1%
Bicycle
1.1%
Other
1.9%

Commute duration

Under 15 min
37.1%
15–29 min
31.3%
30–44 min
15.6%
45–59 min
5.9%
60+ min
10.1%

Employed labour force with a usual workplace.

Mother Tongue

English85.3%
German1.9%
Punjabi (Panjabi)1.3%
Dutch1.2%
French0.9%
Spanish0.9%
Tagalog (Pilipino, Filipino)0.6%
Mandarin0.6%
Vietnamese0.5%
Korean0.5%

Top 10 mother tongues reported (single responses).

Nearby Places

Restaurants (5+)

  • Shandar Hut · 8835 Young Road141m
  • The Greek Islands Restaurant · 45781 Hocking Avenue385m
  • Chilliwack Kabab401m
  • Bozzini's Restaurant407m
  • Jimmy J'S Grill · 8559 Young Road493m

Cafes (5+)

  • Oliver's Tearoom308m
  • Tim Hortons · 45837 Yale Road443m
  • Yellow Deli · 45845 Yale Road West499m
  • Starbucks714m
  • Starbucks765m

Grocery (5+)

  • Safeway377m
  • FreshCo396m
  • Chevron Food Mart · 45929 Hocking Avenue421m
  • Yale Road Market · 45863 Yale Road549m
  • Kent's Chicken Coop · 45966 Yale Road642m

Shopping (3)

  • Alexander Young Centre · 8989 Young Road336m
  • Southgate Shopping Centre632m
  • Edwards Crossing719m

Parks (5+)

  • Nowell Park · 8850 Nowell Street464m
  • Greenacres Square · 8675 Elm Drive488m
  • Skelton Park545m
  • Third Avenue Park582m
  • Salish Park591m

Pharmacies (2)

  • Pro-Health Pharmacy458m
  • Shoppers Drug Mart631m

Banks & ATMs (2)

  • RBC · 45850 Yale Road480m
  • TD Canada Trust799m

Healthcare (3)

  • Chilliwack Mountain Medical442m
  • Dr. Leyen614m
  • Clinic777m

Nearby places data: © OpenStreetMap contributors.

Directions ↗

Other commercial property types for sale in Chilliwack

Frequently asked questions

What is the asking price for this business?

The asking price is $499,900.

Where is this business located?

This listing is located in Chilliwack, British Columbia.

How current is this listing?

This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.